4 Used SUVs With the Highest Rising Resale Value

Used car prices are still pretty high, thanks to low inventory across the board. While it might not be the ideal time to buy a car, sometimes you can’t avoid it. According to data on recent listings, the used SUV options below returned a great value during resale. If you are in the market for a used sport utility vehicle, check these prices out to get a better deal.

The Toyota RAV4 Prime is a used SUV with a high resale value

Used SUVs with the high rising resale value like the Toyota RAV4 Prime
The Toyota RAV4 Prime SUV under a tree | Toyota

According to data from Cars.com and Accu-Trade, the Toyota RAV4 Prime topped the list. Electric vehicle and hybrid prices have shot up recently due to high gas prices and the Prime is the new hybrid version of the RAV4. The Toyota RAV4 Prime resale value was up 12% from March to April of this year. Vehicles from 2018 to 2021 model years saw the biggest jump last month as well. The median price for the RAV4 sport utility vehicle at Cars.com dealerships was $47,494.

Toyota RAV4 Prime: 12%; $47,494

The Tesla Model Y is a used SUV with a rising resale value

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It will probably not come as a surprise that the Tesla Model Y has a high resale value. As Tesla has increased prices across the board in the last few months, the used prices have followed suit. Tesla has also not been immune from the semiconductor chip shortages, which have impacted the production of new cars. Due to this, Model Y prices were up 12% from March to April, seeing a $49,500 median price.

Tesla Model Y: 9%; $64,767

Don’t overlook the Ford Transit van if you need a lot of space

The Ford Transit is a full-size cargo van more than an SUV, but it fits. The Ford Transit van saw a wild 8% increase in resale value, putting the median price for the van at $45,992. It isn’t clear why the price for this van jumped so high, except that Ford is releasing an E-Transit van shortly. That could mean the supply is low for the gasoline version.

Ford Transit: 8%; $45,992

The Kia Sportage is a used SUV of the crossover variety

The Kia Sportage is a crossover SUV that still offers plenty of cargo space. Prices for the Sportage have gone up 8% in the last month, leaving the median price at $25,827. Tesla and Kia both led the results for the most significant increase by brand, up 7% month over month. Kia has been focusing on other types of vehicles and electric vehicles lately, which has made the Kia Sportage more valuable.

Kia Sportage: 8%; $25,827

It is worth noting that these listing prices are dealer prices and could change once a potential buyer actually agrees to buy it. New cars and used cars are selling quickly once available, so that doesn’t mean these used SUVs didn’t sell already.

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